Credit Unions

Part of Treasury – in the House of Commons at on 28 June 2022.

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Photo of Gareth Thomas Gareth Thomas Shadow Minister (International Trade)

Further to the excellent question from Simon Fell, I say gently to the Minister that Ministers have always had warm words for credit unions, which I welcome, but have been somewhat slow to give them or other mutuals, such as friendly societies, the Whitehall and parliamentary support for the legal reforms to drive significant expansion. Will the Minister now back the private Member’s Bill of my hon. Friend Sir Mark Hendrick and require all public bodies to promote credit unions going forward?